EU clears Masdar’s takeover of Greek company Terna Energy
Masdar passed the main hurdle in the acquisition of Greece-based Terna Energy as it obtained a green light from the European Commission
Southeastern Europe has major role in Masdar’s 100 GW target
The acquisition of Terna Energy will facilitate Masdar’s growth in the CEE region and beyond, Business Development and Investment Director Ahmed Al Awadi said
Masdar, Taaleri reach financial close on Čibuk 2 wind farm in Serbia, sign CfD
Masdar and Taaleri SolarWind III Fund reached the financial close for the Čibuk 2 wind power plant in Serbia. UniCredit and Erste provide project financing.
Masdar to take over Terna Energy in deal worth EUR 3.2 billion
Masdar is expanding in Greece and Europe by buying Terna Energy for EUR 2.4 billion, translating to an enterprise value of EUR 3.2 billion
Energy transition is no partisan issue but global one
Representatives of companies with large renewable energy portfolios in Southeast Europe emphasized at Belgrade Energy Forum the critical importance of modernization, infrastructural development, and enhanced knowledge at the local level
Global utilities vow to scale renewables capacity by 2.5 times by 2030
Utilities in UNEZA are accelerating grid investment. Member utilities vowed to lift their renewables capacity by 2.5 times to 749 GW by 2030.
Hidroelectrica, Masdar to set up joint venture for 2 GW in Romania
Hidroelectrica and Masdar agreed to jointly invest in photovoltaics, floating solar power and batteries in Romania
Mitsotakis: Greece to launch EUR 2 billion fund for decarbonization of islands
Prime Minister Kyriakos Mitsotakis said Greece would create a special fund for islands of up to EUR 2 billion for phasing out fossil fuels